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07.11 - 22:55
Bitcoin is at $64,000, but will liquidity pools catch it off guard
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Bitcoin, at press time, was valued at around $64,000. So close to its ATH, it seems almost futile to project possible corrections. However, while a majority of the community is expecting a $70k summit in the next few days, the likelihood of a correction is strangely still intact.
Without committing the cardinal sin of revolting against Bitcoin’s rally, there are a few factors that have played a role in BTC’s trend direction in the past. And, it is worth keeping them in mind during the current market situation.
Source: jarvslabs
Although Bitcoin is oscillating around its all-time high range, it is important to note that there is more liquidity under the price point of $62,000. In the past, we have identified Bitcoin follows these liquidity
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